Homeowners and real estate investors betting on NEW BERRIMA, 2577 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 24.93%.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $443,500
Profits averaged 19.42% per annum over a 3-year period, due to an upward trend in home prices in NEW BERRIMA, 2577.
This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
The gross rental yield in NEW BERRIMA, 2577 is 4.69%.
An average of 1 real estate transactions take place per month in NEW BERRIMA which translates to 12 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||24.93%||N/A|
|Median 3 years||58.25%||N/A|
|Median 5 years||73.92%||N/A|
|10 years average annual||8.49%||N/A|
|Weekly media advert. rent||$400||N/A|
|Time on Market||31.9 days||N/A|
|Gross Rental Yield Percent||4.69%||N/A|